Turnaround picks up steam for Kirkland Lake Gold
Kirkland Lake Gold (TSX: KGI; US-OTC: KGILF) has come quite a way since its board set up a special committee in January to launch a strategic review of the company that included a potential sale.
Articles by Northern Miner Staff
At Phoenix in Red Lake, Rubicon says development risk is ‘behind us’
VANCOUVER — It’s been nearly three years since developer Rubicon Minerals (TSX: RMX; NYSE-MKT: RBY) started construction at its high-grade Phoenix gold mine in Ontario’s prolific Red Lake camp.
Mines ministers talk transparency in Ontario
Sudbury played host to this year’s Energy and Mines Ministers’ Conference in late August. The annual gathering of federal and provincial mining and energy ministers is meant to foster discussion and collaboration to advance…
Ontario mines still power Goldcorp
Goldcorp (TSX: G; NYSE: GG) has been so growth-oriented over the past decade — building new mines across the Americas and snapping up gold assets left and right — that it’s easy to forget sometimes just how productive its…
TSX Venture loses ground, Sept. 2-5
The S&P/TSX Venture Composite took a step back during the shortened trading period, as it lost 2.8%, or 29.1 points, en route to a 994.89-point weekly close. Precious metal and commodity futures were on the decline, and Statistics Canada…
Weakness dominates TSX, Sept. 2-5
The holiday-shortened trading week saw the S&P/TSX Composite Index fall 55.81 points, or 0.4%, to 15,569.92, and the S&P/TSX Capped Diversified Metals & Mining Index drop 2.01 points, or 0.2%, to 877.98. The S&P/TSX Global Gold…
Largo ships first vanadium
One month after commercial production started at its high-grade Maracas vanadium mine in Brazil, Largo Resources (TSXV: LGO; US-OTC: LGORF) has turned over the first vanadium pentoxide (V2O5) to its off-take partner, Glencore (LSE: GLEN).
Corvus uncovers high-grade zone at North Bullfrog
VANCOUVER — It’s been a bountiful year for explorer Corvus Gold (TSX: KOR) at its North Bullfrog project, 15 km north of Beatty, Nev. The company is in the midst of a 20,000-metre drill program at the site, and has kept a strong…
US stocks march higher, Sept. 2-5
U.S. equities ended the week on a positive note, despite a weak jobs report. The Dow Jones Industrial Average rose 39 points to 17,137.36, while the S&P 500 Index added 4 points to 2,007.71. The tech-heavy Nasdaq Composite…
Dominion Diamond shines with Q2 profits of US$27M
Dominion Diamond (TSX: DDC; NYSE: DDC) says its 80%-held Ekati mine and 40%-held Diavik mine in the Northwest Territories performed “exceptionally well” in the second fiscal quarter of 2015, with rough diamond production and sales…
Taseko to buy Curis
B.C. copper miner Taseko Mines (TSX: TKO; NYSE-MKT: TGB) has tabled a friendly, all-share bid for Vancouver-based junior copper developer Curis Resources (TSX: CUV; US-OTC: PCCRF) and its wholly owned Florence in situ copper project beside the…
Open letter: Reversing Ebola outbreak requires ‘co-ordinated global effort’
We are a group of 11 companies operating in West Africa. We are understandably concerned about the impact of the Ebola virus on affected countries’ economies and the well-being of their people, which is being compounded by subsequent…